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CHAPS vs BACS - Is it worth it? ***BETA Calculator Now Online***

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Comments

  • It seems everyone has advice!

    I would request presentation of initial input to ask for interest rate at source account and interest rate at destination account.

    I would also request presentation of the answer to be presented along the lines of (eg)(full stops just for spacing):

    Method:....... BACS.........CHAPS.................CHAPS
    ...............................(sent ASAP) ... (sent as late as possible)

    Charges: .......£ nil..........£30.00.................£30.00
    Xtra Interest...£ nil..........£29.00.................£31.00

    Difference:.Lose £1.00......Best......... ........Lose £2.00

    John
    "Our remedies oft in ourselves do lie
    Which we ascribe to Heaven"
    - All's well that ends well (I.1)
  • kingmonkey
    kingmonkey Posts: 846 Forumite
    Where has it gone?
This discussion has been closed.
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